GPS SmartSole Featured in Sweden’s MedTech Magazine

This sole provides security when memory begins to fail April 24, 2019 9:04 PM | By Lisa von Garrelts | Tell the editors   TRANSLATED BY GOOGLE A discreet GPS alarm in the form of a sole that you have in your regular shoes. So, the solution can look when, for the sake of security, a little help is needed on the stack. With the GPS unit in the sole, the user does not carry any visible alarm that can disturb or be removed. The smart sole from Posifone, GPS Smartsole, is a GPS alarm placed in the shoes. It is activated when the user touches the shoe and notifies relatives, staff or an alarm center if the user passes outside a predetermined security area. The sole is a discrete set of providing tracking capabilities and facilitates the one who easily forgets, or does not want to wear a phone, a wrist or a pocket device. For caregivers and relatives of a […]

GTX Reports 2018 Financial Summary

Revenue increased 28%, Product Sales increased 49%, Subscribers increased 20% LOS ANGELES CALIFORNIA, April 18, 2019 GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced a summary for the year ended December 31, 2018. 2018 Financial Highlights Overall Revenue increased 28% over 2017 comparable period. Product Sales increased 49% over 2017 comparable period. International Subscribers increased 21% over 2017 comparable period. Domestic Subscribers increased 19% over 2017 comparable period. Military Sales increased 322% over 2017 comparable period. Gross Margin, excluding IP, increased from 50% to 67% from 2017. Loss from Operations decreased 1% from 2017. Cash used in Operations reduced 34% from 2017.   Management commentary: Patrick Bertagna, GTX Corp CEO.   As highlighted above, we had solid double-digit increases or decreases in the major metrics we measure – overall revenues […]

GTX Awarded Supplier Registration Certificate from Sri Lanka Ministry of Defense

LOS ANGELES, CALIFORNIA, March 28, 2019 GTX Corp (OTCQB: GTXO) (GTX), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced it has been awarded a Supplier Registration Certificate from the Sri Lanka Ministry of Defense. Over the past six months, GTX has been working with the Sri Lanka government to get its line of military-grade GPS tracking solutions approved for sale and import into the country as part of a large scale requirement from the Sri Lanka Army, Disaster Management Centre, and Centre for Research and Development under the Ministry of Defense to tag, track and locate (TTL) their personnel and equipment. “We have been diligently working with Major General (retd) Fadyl Meedin RSP Ldmc, from the Space Technology & Solutions (Pvt) Ltd to provide all the necessary requirements in order for GTX to become an approved Sri Lanka […]

GTX Corp Issued Two New Patents

LOS ANGELES, CALIFORNIA, February 28, 2019 GTX Corp (OTCQB: GTXO) (GTX), a pioneer in the field of wearable GPS people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced it has been issued two new patents by the United States Patent and Trademark Office (USPTO). GTX’s vast Intellectual Property (IP) portfolio underpins its business lines. Since the start of the year, the IP legal team has been busy adding these two new patents to the portfolio, filing additional claims through the ongoing continuation process and negotiating licensing agreements. The GTX patent portfolio addresses three core areas: Footwear, Communication and Backend Server. Of the two newly issued patents, one is in the Communication family and the other is in the Footwear family. “These latest patents are important additions to GTX’s overall portfolio,” commented Larry Henneman, Esquire, GTX’s lead patent attorney. “The ongoing investment in IP demonstrates GTX’s […]

GTX SmartSole Shown at Glenner Alzheimer’s Family Center Town Square

GTX’s SmartSole were proudly displayed this past Saturday at the Glenner Alzheimer’s Family Center Town Square®, the nation’s first immersive reminiscence therapy day center for people with dementia. The event gathered an array of San Diego innovators in the dementia care space and was open to both industry professionals and family caregivers. This was the first event of its kind held at the new center that opened this past August. Mindy Baker, PhD, Director of Education at the Glenner Centers, the organization that founded the innovative Town Square®, spoke about the benefits of reminiscence therapy for people with dementia. The entirety of Town Square® is designed to replicate a 1950s small town in an effort to facilitate reminiscence. “The SmartSole is a GPS wearable tracking technology that helps to reduce the incidence of loved ones with dementia becoming lost due to dangerous wandering,” stated Lisa D. Tyburski, Chief Marketing Officer […]

GTX Signs Collaboration Agreement with Flint Rehab

LOS ANGELES, CALIFORNIA – February 6, 2019 – GTX Corp (OTCQB: GTXO) (“GTX” or the “Company”), a pioneer in the field of wearable GPS, human and asset tracking systems and wandering assistive technology, today announced that it has signed a collaboration agreement (the “Agreement”) with Flint Rehab, LLC, a leading neuro-rehabilitation device company that specializes in next-generation digital health technologies. By the Agreement, GTX and Flint Rehab will develop a next generation SmartSoleÒ noninvasive GPS wearable tracker for those who wander, which will include location-based GPS technology, biometric activity sensors and machine learning. “We are very excited that GTX has been selected to collaborate with Flint Rehab in the new development of the next version SmartSoleÒ GPS footwear that will include activity tracking to promote senior wellness,” commented GTX’s CEO, Patrick Bertagna. “By having sensors for tracking and biometrics, and utilizing both the left and right soles, we will be […]

Location Prediction Using GPS Trackers: Can Machine Learning Help Locate Missing People with Dementia?

Jan 22 2019   JanuszWojtusiak ReyhanehMogharabnia IoT Journal has just published Associate Professor and Director of Health Informatics at Mason’s College of Health and Human Services Janusz Wojtusiak, PhD, initial findings from his research which studied the possibility of using machine learning methods applied to data from GPS trackers to create individualized models that describe patterns of movement. These patterns can be used to predict typical locations of individuals with dementia, and to detect movements that do not follow these patterns and may correspond to wandering. The GPS trackers and data used in the study were provided by GTX Corp’s GPS SmartSoles. Significant number of people with dementia are at risk of wandering and getting lost. These individuals may get hurt, cause distress to families and caregivers, and require costly search parties. This study explores the possibility of using machine learning methods applied to data from GPS trackers to create individualized models that describe patterns of […]

GTX Advisor Kathleen Kiernan Featured in American Security Today Awards

We are proud to see GTX Corp Advisor, Kathleen Kiernan, of Kiernan Group Holdings, featured in the 2018 American Security Today publication, Champion’s Edition. They received two awards for their work in producing homeland security educational resources and curriculum.  For the office environment they offer active threat readiness Preparedness without Paranioa, and for students, Lucky the Preparedness Dog educates children in age appropriate means about how to react during events ranging from bullying to terrorism. Congratulations, Kiernan Group Holdings, and CEO Kathleen Kiernan on your awards and recognition! We look forward to our continued partnership and future collaboration in the security field. In addition to advising GTX on security and law enforcement initiatives, Kathleen is an integral part of the new “Smart School Safety Network” GTX is launching, utilizing BLE, NFC and indoor positioning technology. American Security Today  – ‘PROTECTING OUR NATION, ONE CITY AT A TIME’ 222 Pages of In Depth Coverage Dedicated to Government Security, Homeland […]